Taxes

23 Jan Why did New Jersey tax this Roth IRA withdrawal?

Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes

Here's what to know about how the state taxes an early IRA withdrawal. ...

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21 Jan When do I take my IRA distribution under SECURE Act?

Posted at 06:07h in Ask NJMoneyHelp, Retirement, Taxes

Recent legislation changes when you have to take your first IRA distribution. ...

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21 Jan What happens with taxes after we sell grandma’s house?

Posted at 06:06h in Ask NJMoneyHelp, Estate Planning, Real Estate, Taxes

When you inherit a home, there are several taxes to consider. ...

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20 Jan Can I deduct the ‘exit tax’ on my tax return?

Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes

The exit tax is really an estimated income tax on the sale of some homes. ...

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06 Jan Bonds have the wrong Social Security number. What now?

Posted at 06:02h in Ask NJMoneyHelp, Estate Planning, Retirement, Taxes

Bond owners and beneficiaries have an easy fix when a Social is incorrect. ...

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02 Jan Does my IRA income count for the pension exclusion?

Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes

If you qualify, you could avoid N.J. state taxes on your income. ...

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30 Dec Should I do a Roth or traditional IRA? I want to save more.

Posted at 06:06h in Ask NJMoneyHelp, Retirement, Taxes

Which IRA to choose depends on current and future tax burdens. ...

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30 Dec Can I take a tax deduction for giving to charity?

Posted at 06:02h in Ask NJMoneyHelp, Taxes

The deduction of charitable contributions has changed under the new tax law. ...

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